PH 1300 131 751

FACTORING

WHAT IS FACTORING?

Factoring is a line of credit provided to businesses, secured against selected or all of their outstanding accounts receivable.

HOW DOES IT WORK?

The process is simple. You invoice your customer directly, and upload the invoice(s) to us at the same time. Within 24 hours we will pay up to 80% of the value of approved invoices. The remaining or residual balance, less accrued fees is paid to you when the invoice(s) are paid in full.

DOES IT SUIT YOU?

Are you a small to medium sized business? Maybe starting-up, in a period of growth, or even managing your business through a turnaround situation? Then Factoring may suit you.

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up to 80% paid upfront

Conus Noble can pay up to 80% upfront on the face value of the completed work invoices due for payment for a period of up to 60 days.

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PAYMENT IN 24 HOURS

Once approved, Conus Noble pays up to 80% of the face value of any invoices financed within 24 hours.

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DISCLOSED

This service is disclosed. Your clients will be informed.

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selective invoices or whole of book

Our service covers the face value of completed work invoices due for payment in the period of up to 60 days, of part thereof.

WHAT ARE THE BENEFITS?

  • future

    Future revenue Insured

  • grow

    Grow Your Business

  • real

    No REAL ESTATE SECURITY

  • increase

    increase purchasing Power

  • Real Estate security is not required
  • Facility limits grow in line with business revenues and business expansion
  • It is a standalone facility that can be utilised concurrently with other business borrowings (including overdrafts, loans, and equipment finance)
  • It helps you grow your business and increase purchasing ability through improved cash flow
  • There are no capital repayment requirements

YOUR CUSTOMER WILL BE AWARE

Factoring facilities are disclosed, meaning that your customers will be made aware of Conus Noble’s involvement at the outset and ongoing as invoices are issued and uploaded.

Watch our short video to find out how our solution can help business.
Watch our video

Enquire Today

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insured by nci
(national credit insurance)

INSURES FUTURE REVENUE

NCI Insurance covers all completed work invoiced so that both Conus Noble and our Clients are fully protected in case a Customer defaults on paying for completed work that has been invoiced.